[isatrader]

Another method that's very good at finding the early Stage 2A breakouts is to look for a cross above the weekly Ichimoku Cloud. Here's the code that I use in Prorealtime's ProScreener:

Code:

ignored, ignored, ignored, indicator1 = CALL Ichimoku[9, 26, 26, 52]
c1 = (close CROSSES OVER indicator1)

ignored, ignored, indicator2, ignored = CALL Ichimoku[9, 26, 26, 52]
c2 = (close CROSSES OVER indicator2)

SCREENER[c1 OR c2] ((close/DClose(1)-1)*100 AS "%Chg yest.")

Hi Isatrade, I'm just trying to get my hands dirty with this code but the ProScreener doesn't seem to like the Function 'Ichimoku'. Is this something that you have defined? It says the method doesn't exist.

Also, is this screener run on a weekly range?

I might have imported it from the code library, as it's not a native option. I've exported it from my version and attached the Ichimoku.itf file inside a zip file for you to import into your indicators. So unzip it and then import it as an indicator. And then the screener code should work.

The Ichimoku screener is run on a weekly range, as you want to target the weekly cloud and not the daily which is different.